Microcap Report: POET (V.PTK) performs, SENSIO (V.SIO) grows

POET Technologies (TSX:V.PTK, Stock Forum) remained on the move today as the company announced several key updates to both its technology and regulatory processes.

According to the news release, the Toronto-based developer of the planar opto-electronic technology platform for the monolithic fabrication of integrated circuit devices had advanced its 100-nm scaling and prototype initiatives to the point where it was able to commence negotiations for a transition to a third party foundry. Shares gained 9.55% on the news to $2.18 per share.

SENSIO Technologies (TSX:V.SIO, Stock Forum) took its first step in bringing its video-on-demand service, 3DGO!, to the world when it announced today that the company had signed a milestone agreement with LG Electronics to deploy 3DGO! on LG's CINEMA 3D Smart TVs in over a dozen countries across the globe.

According to the news release, the deployment is scheduled for the fall and is expected to target 13 countries in Europe, North America and South America with the company adapting the rate and extent of 3DGO!'s deployment to each region based on the potential benefits expected. Shares rose 13.21% on the news to $0.30 per share.

Balmoral Resources (TSX:BAR, Stock Forum) announced today that the company had re-commenced drilling of its 100%-owned Martiniere Gold project located along the Detour Gold Trend in central Quebec, Canada.

According to the news release, drilling would first focus on the southern section of the Bug Lake Gold Zone as a result of its highly successful winter 2014 drill campaign performed on the area. The company would then move onto the northern section of Bug Lake for additional testing/infill drilling to follow up impressive intercepts such as 1,138 g/t gold over 4.38 metres first reported by the company on May 12, 2014. Shares bumped 2.41% on the news to $1.70 per share.